No, Carl pretty much has it.
The static pressure of a closed manifold ( restricted outlet) will not make the motor overheat. Yes, the pressure rises in the manifold behind the valve, but the fan blades are spinning in the trapped air ( static) and not bringing in new air. Thus it takes about the same energy as running wide open. The motor spins at full speed all this time, thus the cooling fins pass the max amount of air over the frame and windings....so even though there is no output, the motor is full cooled.
With a choke plate fully closed ( restricted inlet) it is even better, as the fan spins in a partial vacuum, thus having even less work. Again, it is running at full speed and cooling the motor completely.
This is why the choke is adjusted for the minimum opening needed to run the forge at full blast. Then the gate valve is adjusted to lower the blast as desired. Opening and closing the gate valve a tad as needed is all you need to do to trim the forge when running. ( obviously, the gas supply is also adjusted in the process).
I have never done it, but you should be able to verify all the above with a good ammeter.
Going back to my original statements, many people just use a cheap squirrel cage blower and a light dimmer. Sure, it isn't the perfect system, but it works well. Also, a forge isn't usually running at low speed for hours on end...which is how a blower would overheat.
Final comments:
If you really want the max in a forge design, adjustment, and operation ability..... use a DC blower ( 3Ph will also work) and make a two-stage PID controlled burner. This will add $200 at most to the cost of a forge and it can run accurately at almost any desired setting. By having the PID cycle the blower as well as the gas from a pre-set HIGH to a pre-set LOW you can maintain the proper forge atmosphere to avoid excess decarb. Sticking a blade in a forge running at 1500F with a neutral atmosphere and not having to rotate and watch it constantly to avoid burning up the tip or edge is worth $200 to most folks. You can put in three blades and quench them one at a time without fear of ruining the second and third blade.
The whole two-stage PID controlled burner process is covered in the stickys. I designed the burner and gave it to the knife making community for everyone to enjoy. Those who run one are very happy. There are no special skills or tools needed to build one either. If you can make a blown burner, you can make a two stage burner. If you can hook up a few wires, you can make the burner run on PID control. I won't go as far as to say it is idiot proof, because I have met some real idiots in this hobby, but most folks who are ready for a full service forge are more than able to build and use one of my design.